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Organisation for Economic Co-operation and Development
DAF/AS/WD(2018)7/ADD
For Official Use English - Or. English
23 April 2018
DIRECTORATE FOR FINANCIAL AND ENTERPRISE AFFAIRS
INSURANCE AND PRIVATE PENSIONS COMMITTEE
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For further information, please contact Mr. Romain Despalins [Tel: +33 1 45 24 18 26; Email:
[email protected]] and Ms. Mamiko Yokoi-Arai [Tel: +33 1 45 24 75 26; Email:
JT03430587
This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the
delimitation of international frontiers and boundaries and to the name of any territory, city or area.
2 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
Introduction
The OECD’s Insurance and Private Pensions Committee decided in 2009 to
launch a Global Insurance Statistics (GIS) project to enhance the OECD’s insurance
statistics framework and expand its global reach. The GIS project has involved the
compilation of an expanded range of statistics and appropriate indicators, permitting an
improved assessment of the insurance sector’s financial strength, stability, profitability
and solvency, both for direct insurers and reinsurers.
The insurance statistics are collected into an Excel questionnaire and a qualitative
questionnaire. Delegates are kindly invited to complete the Excel questionnaire with 2017
data, including preliminary data and estimates. If there are any revisions to be made to the
2016 data submitted last year, please submit a separate copy of this questionnaire with the
revised data.
Delegates are kindly requested to:
Complete the whole Excel questionnaire (See Annex I for notes and
definitions and Annex II on technical instructions to filling in the Excel
questionnaire).
Describe developments and trends in their insurance market in 2017 and
the first quarter of 2018 in the qualitative questionnaire
(DAF/AS/WD(2018)7); and,
Complete / Revise the Methodological notes for your country.
In order to enable a timely preparation of the eighth edition of the OECD’s Global
Insurance Market Trends report, Delegates are kindly invited to return the three files
(Excel questionnaire, qualitative questionnaire and methodological notes) by 14 June
2018.
DAF/AS/WD(2018)7/ADD │ 3
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
Sections of the Excel questionnaire
The Excel questionnaire is structured as follows:
Section 1 deals with general information on the reporting country. For the
definitions, please refer to pages 24-32.
Section 2 deals with Business Written in the Reporting Country and should
include all business written in your country, whether in respect of domestic
or foreign (world-wide) risks, and analysed according to the definitions that
can be found in pages 24-32. This section also covers a question which
breaks down life insurance premiums between single premiums and
periodical premiums on a net and gross basis. It should include the life
business of composite enterprises (if applicable).
Section 3.1 specifically deals with Business Written in the reporting Country
on risks situated outside the reporting country (= foreign risks).
Section 3.2, on the other hand, breaks down business between domestic and
foreign risks on a net premium basis and is an amplification of the final ("Net
Written Premiums") column of Section 2, with totals corresponding
accordingly.
Section 4.1 covers Business Written Abroad by branches, agencies and
subsidiaries established abroad of domestic undertakings and should include
all business written outside your country by these entities (in both OECD and
non-OECD countries).
Sections 4.2 and 4.3 cover Business Written Abroad by Branches and
Agencies by country. Figures shall comprise life and non-life business of
composite enterprises respectively when available.
Section 5.1 covers the breakdown of premiums of life insurance by type of
contracts: unit-linked, annuities and other life insurance contracts. It should
include the life business of composite enterprises (if applicable). Data on
pension insurance contracts are also collected separately.
Section 5.2 deals with Premiums written by classes of Non-Life Insurance
for the business written in the Reporting Country. Those countries having
difficulties in breaking down "reinsurance accepted" by classes may use the
“(9) Treaty Reinsurance” row. It should include the non-life business of
composite enterprises (if applicable).
Section 6.1 is about investments by direct insurers. It covers the breakdown
of investments according to the type of enterprises. Assets linked to unit-
linked products sold to policyholders should be included and reported under
"Assets held for index-linked and unit-linked contracts".
Section 6.2 is about investments by direct insurers and covers the breakdown
of investments by the set of all companies based on their geographical
destinations (investments in the reporting country or investments abroad).
For "Composite", please provide, where possible, a breakdown of
outstanding investments between life and non-life business. Where assets
cannot be allocated to life or non-life business, please include them under
composite (i.e. column named “3. Total”).
4 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
Section 6.3 is about investments of reinsurers. It covers the breakdown of
investments according to the categories of reinsurers.
Section 6.4 is about investments of reinsurers. It covers the breakdown of
investments by the set of all companies based on their geographical
destinations (investments in the reporting country or investments abroad).
For "Composite", please provide, where possible, a breakdown of
outstanding investments between life and non-life business. Where assets
cannot be allocated to life or non-life business, please include them under
composite (i.e. column named “3. Total”).
Sections 7 to 9 relate respectively to gross claims payments, gross operating
expenses, and commissions.
Section 10.1 collects information pertaining to balance sheet and income
statement variables of direct insurers. For items “Gross claims paid”,
“Outstanding claims provision (changes)”, “Gross operating expenses” and
“Commissions”, please provide a breakdown for composite enterprises
between life and non-life business if available: this breakdown permits the
calculation of the loss, expense, and combined ratios.
Section 10.2 collects information pertaining to balance sheet and income
statement variables of reinsurers. For items “Gross claims paid”,
“Outstanding claims provision (changes)”, “Gross operating expenses” and
“Commissions”, please provide a breakdown for composite enterprises
between life and non-life business if available: this breakdown permits the
calculation of the loss, expense, and combined ratios.
In Sections 1 and 2, figures provided for the number of undertakings and for
insurance premiums should include all insurance undertakings licensed or authorised in
your country, including professional reinsurers, whether or not these are controlled, but
excluding any statutory system of social security administered by the State.
In all Sections of the questionnaire, the following definitions should be applied:
Domestic Undertakings mean those undertakings in the Reporting Country
incorporated under national law, together with those undertakings which are
unincorporated, but excluding the branches and agencies of foreign
undertakings.
Foreign-Controlled Undertakings mean those domestic undertakings (as
defined above) controlled by foreign interests, such "control" being defined
according to national law for the purposes of this return. Please specify the
exact coverage and your national definition of this category in the
methodological notes.
Foreign Undertakings mean undertakings incorporated outside the reporting
country.
Figures on the number of undertakings and on insurance premiums are requested
for all Domestic Undertakings (showing separately the element in the totals made up by
locally incorporated Foreign Controlled Undertakings) and for local branches and
agencies of Foreign Undertakings. If this split is not available, please give the total figure
only.
DAF/AS/WD(2018)7/ADD │ 5
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
Life and Non-Life categories should follow the definitions used in national law.
However, the premiums for accident and sickness insurances underwritten by Life
companies should be included in Non-Life figures.
Delegates are encouraged to provide estimates or preliminary data where figures
are unavailable. Liaison with national associations could be helpful in this respect.
Delegates are invited, in the methodological notes, to provide details of where
national definitions deviate from those found in Annex I.
Delegates should complete the questionnaire using the following conventional
signs where appropriate:
Zero values should be indicated by “0”. The cells should not be left blank.
Data that is not available, or for which a breakdown is not available should
be filled in as ND (Data Not available); the cells should not be left blank.
Data that is not applicable should be filled in as NA;
Data that is confidential should be filled in as C;
Only average net investment return (Sections 6.1 and 6.3) and the
supervisory solvency target ratio for capital (Sections 10.1 and 10.2) should
be provided in percent.
6 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
General instructions
For notes and definitions, please see Annex I.
Section 1: General Information on Reporting Countries
Country: Currency :
Year: 2017 Units : Millions
Error Formats
ND ND ND ND
ND ND ND ND
ND ND ND ND
ND ND ND ND
ND ND ND ND
ND
ND
ND
DEFINITION OF FOREIGN-CONTROLLED
UNDERTAKINGS IN THE REPORTING COUNTRY
i) Insurance Undertakings
ii) Intermediaries
TOTAL
Life
Non-Life
Composite
Reinsurance
TOTAL
INSURANCE EMPLOYEES
Invalid Data
Invalid Total on Rows
Invalid Total on Columns NUMBER OF INSURANCE UNDERTAKINGS
Inconsistent Data1. Domestic Undertakings
Of which : Foreign Controlled
Undertakings
2. Branches And Agencies
Of Foreign UndertakingsAll Undertakings (=1+2)
DAF/AS/WD(2018)7/ADD │ 7
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Section 2: Business Written in the Reporting Country
Country: Currency :
Year: 2017 Units : Millions
Error Formats
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
Note: For the following table, figures should include the life business of composite enterprises (if applicable).
GROSS
PREMIUMSNET PREMIUMS
ND ND
ND ND
ND ND
Composite
Composite
Composite
Life
Non-Life
Life
Non-Life
Of which: Non-Life
Life Insurance
CONTRACTS
Single Premiums
Periodical Premiums
TOTAL
Of which: Life
Of which: Non-Life
Of which: Life
Of which: Non-Life
NET WRITTEN
PREMIUMS
Invalid Total on Columns (in millions of national currency units)
Inconsistent DataDirect Business TOTAL
Reinsurance
accepted
Invalid Data
Invalid Total on Rows GROSS PREMIUMS
PREMIUMS
CEDED
Life
Non-Life
1. Domestic Undertakings
Of which: Life
Of which: Non-Life
Of which : Foreign-
controlled Undertakings
2. Branches and agencies of
foreign Undertakings
TOTAL (=1+2)
Of which: Life
Composite
Life
Non-Life
8 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Section 3.1: Business Written in the Reporting Country on Risks Situated Outside the Reporting Country
Country: Currency :
Year: 2017 Units : Millions
Error Formats
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
TOTAL (=1+2)
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
2. Branches and agencies of
foreign Undertakings
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
Of which : Foreign-controlled
Undertakings
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
TOTAL
1. Domestic Undertakings
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
Invalid Data
Invalid Total on Rows GROSS PREMIUMS
PREMIUMS
CEDED
NET WRITTEN
PREMIUMS
Invalid Total on Columns (in millions of national currency units)
Inconsistent DataDirect Business
Reinsurance
accepted
DAF/AS/WD(2018)7/ADD │ 9
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Section 3.2: Business Written in the Reporting Country
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
TOTAL (=1+2)
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
Note: Please make sure that the column H "Total " in this spreadsheet is the same as the column "Net
Written premiums" in the spreadsheet "Section 2" (column J). If this relationship is not satisfied, the
related cell in this spreadsheet will be highlighted in orange.
2. Branches And Agencies Of
Foreign Undertakings
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
1. Domestic Undertakings
Life
Non-Life
Invalid Data
Invalid Total on Rows NET WRITTEN PREMIUMS
Invalid Total on Columns (in millions of national currency units)
Inconsistent Data
Inconsistent Data with "Section 2"
Of which : Foreign-controlled
Undertakings
Life
Domestic Risks Foreign Risks TOTAL
Composite
Of which: Life
Of which: Non-Life
10 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Section 4.1: Business Written Abroad
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
Invalid Data
Invalid Total on Rows GROSS PREMIUMS
PREMIUMS
CEDED
NET WRITTEN
PREMIUMS
Invalid Total on Columns (in millions of national currency units)
Inconsistent DataDirect Business
Reinsurance
Accepted TOTAL
1. Branches And Agencies
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
2. Subsidiaries
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
TOTAL (=1+2)
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
DAF/AS/WD(2018)7/ADD │ 11
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Section 4.2: Business Written Abroad by Branches and Agencies Only
(Not By Subsidiaries)
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
Direct Business Reinsurance Accepted TOTAL
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
Note 1: Figures should include the life business of composite enterprises (if applicable).
Invalid Data LIFE INSURANCE
Invalid Total on Rows
Invalid Total on Columns GROSS PREMIUMS
PREMIUMS CEDEDNET WRITTEN
PREMIUMSInconsistent Data (in millions of national currency units)
Australia
Austria
Belgium
Canada
Chile
Czech Republic
Korea
Iceland
Denmark
Estonia
Finland
France
Germany
Greece
Poland
Portugal
Slovak Republic
Slovenia
Spain
Hungary
Ireland
Israel
Italy
Japan
Inconsistent Data with "Section 4.1"
Non-OECD countries Total [2]
TOTAL [1+2]
Latvia
Luxembourg
Mexico
Netherlands
New Zealand
OECD countries Total [1]
Norway
Sweden
Switzerland
Turkey
United Kingdom
United States
Note 2: Please make sure that the last line of this table matches with the sum of values in rows 13 and 16 of Section
4.1. If this relationship is not satisfied, the related cell in this spreadsheet will be highlighted in orange.
12 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Section 4.3: Business Written Abroad by Branches and Agencies Only
(Not By Subsidiaries)
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
Direct Business Reinsurance Accepted TOTAL
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
ND ND ND ND ND
New Zealand
Note 1: Figures should include the non-life business of composite enterprises (if applicable).
Invalid Data NON-LIFE INSURANCE
Invalid Total on Rows
Invalid Total on Columns GROSS PREMIUMS
PREMIUMS CEDEDNET WRITTEN
PREMIUMSInconsistent Data (in millions of national currency units)
Australia
Austria
Belgium
Canada
Chile
Inconsistent Data with "Section 4.1"
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland
Israel
Italy
Japan
Korea
Latvia
Luxembourg
Mexico
Netherlands
Norway
Poland
Portugal
Slovak Republic
Slovenia
Spain
Sweden
Switzerland
Turkey
United Kingdom
United States
OECD countries Total [1]
Note 2: Please make sure that the last line of this table matches with the sum of values in rows 14 and 17 of Section
4.1. If this relationship is not satisfied, the related cell in this spreadsheet will be highlighted in orange.
Non-OECD countries Total [2]
TOTAL [1+2]
DAF/AS/WD(2018)7/ADD │ 13
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Section 5.1: Business Written in the Reporting Country (by selected classes of life insurance)
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
Invalid Data
Invalid Total on Rows
Gross
Premiums
Premiums
Ceded
Net Written
Premiums
Inconsistent Data
REINSURANCE ACCEPTED
Net Written
Premiums
Invalid Total on Columns
Inconsistent Data with "Section
2"
Note 1: Figures should include the life business of composite enterprises (if applicable).
TOTAL(in millions of national currency units)
Gross
Premiums
Premiums
Ceded
Gross
Premiums
Premiums
Ceded
Net Written
Premiums
DIRECT BUSINESS
Note 2: Please make sure that:
- cell E16 in this spreadsheet is equal to the sum of cells F27 and F30 from the spreadsheet "Section 2";
- cell H16 in this spreadsheet is equal to the sum of cells G27 and G30 from the spreadsheet "Section 2";
- cell K16 in this spreadsheet is equal to the sum of cells H27 and H30 from the spreadsheet "Section 2";
- cell L16 in this spreadsheet is equal to the sum of cells I27 and I30 from the spreadsheet "Section 2";
- cell M16 in this spreadsheet is equal to the sum of cells J27 and J30 from the spreadsheet "Section 2".
If these relationships are not satisfied, cells in this spreadsheet will be highlighted in orange.
3. Other
TOTAL Life Insurance [1+2+3]
Of Which: Pension Contracts
1. Annuities
2. Unit Linked
14 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, in particular of classes of non-life insurance, please see Annex 1.
Section 5.2: Business Written in the Reporting Country (Premium Written by Classes of Non-Life Insurance)
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
ND ND ND ND ND ND ND ND ND
Note 1: Figures should include the non-life business of composite enterprises (if applicable).
Invalid Data
Invalid Total on Rows DIRECT BUSINESSREINSURANCE ACCEPTED TOTAL
Invalid Total on Columns (in millions of national currency units)
8. Other Non-Life Insurance
Net Written
Premiums
Premiums
Ceded
2. Marine, Aviation And Other
Transport Insurance
Premiums
Ceded
Net Written
Premiums
Gross
PremiumsInconsistent Data with "Section
2"
Net Written
Premiums
1. Motor Vehicle Insurance
Gross
Premiums
Premiums
Ceded
Inconsistent DataGross
Premiums
3. Freight Insurance
4. Fire And Other Property Damage
Insurance
5. Pecuniary Loss Insurance
6. General Liability Insurance
7. Accident And Health
Of which : Health
Note 2:
Please make sure that:
- cell E23 in this spreadsheet is equal to the sum of cells F28 and F31 from the spreadsheet "Section 2";
- cell H23 in this spreadsheet is equal to the sum of cells G28 and G31 from the spreadsheet "Section 2";
- cell K23 in this spreadsheet is equal to the sum of cells H28 and H31 from the spreadsheet "Section 2";
- cell L23 in this spreadsheet is equal to the sum of cells I28 and I31 from the spreadsheet "Section 2";
- cell M23 in this spreadsheet is equal to the sum of cells J28 and J31 from the spreadsheet "Section 2".
If these relationships are not satisfied, cells in this spreadsheet will be highlighted in orange.
9. Treaty Reinsurance
10. TOTAL Non-Life Insurance
DAF/AS/WD(2018)7/ADD │ 15
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Country: Currency :
Year: 2017 Units : Millions
Select the valuation method:
Error Formats:
3. TOTAL LIFE NON-LIFE
Amount Placed Amount Placed Amount Placed Amount Placed Amount Placed Amount placed
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: bills and bonds issued by public ND ND ND ND ND ND
- of which: bonds issued by the private sector ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: listed equity ND ND ND ND ND ND
- of which: unlisted equity ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: cash and deposits ND ND ND ND ND ND
- of which: bills and bonds ND ND ND ND ND ND
- of which: equity ND ND ND ND ND ND
- of which: land and buildings ND ND ND ND ND ND
- of which: other ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: bills and bonds issued by public ND ND ND ND ND ND
- of which: bonds issued by the private sector ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: listed equity ND ND ND ND ND ND
- of which: unlisted equity ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: cash and deposits ND ND ND ND ND ND
- of which: bills and bonds ND ND ND ND ND ND
- of which: equity ND ND ND ND ND ND
- of which: land and buildings ND ND ND ND ND ND
- of which: other ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: bills and bonds issued by public ND ND ND ND ND ND
- of which: bonds issued by the private sector ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: listed equity ND ND ND ND ND ND
- of which: unlisted equity ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: cash and deposits ND ND ND ND ND ND
- of which: bills and bonds ND ND ND ND ND ND
- of which: equity ND ND ND ND ND ND
- of which: land and buildings ND ND ND ND ND ND
- of which: other ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
Other investments
TOTAL INVESTMENTS
Net investment income
Average nominal net investment return (%)
Invalid Data
Land and buildings
Collective Investment Schemes (CIS)
Private equity funds
Hedge Funds
Structured products
Assets held for index-linked and unit-linked contracts
Assets held for index-linked and unit-linked contracts
Other investments
TOTAL INVESTMENTS
Net investment income
Average nominal net investment return (%)
2. Branches And Agencies
Of Foreign Undertakings
Cash and deposits
Bills and bonds issued by public and private sector
Loans
Equity
Of which : Foreign-
controlled Undertakings
Cash and deposits
Bills and bonds issued by public and private sector
Loans
Equity
Land and buildings
Collective Investment Schemes (CIS)
Private equity funds
Hedge Funds
Structured products
Structured products
Assets held for index-linked and unit-linked contracts
Other investments
TOTAL INVESTMENTS
Net investment income
Average nominal net investment return (%)
Inconsistent Data
1. Domestic Enterprises
Cash and deposits
Bills and bonds issued by public and private sector
Loans
Equity
Land and buildings
Collective Investment Schemes (CIS)
Private equity funds
Hedge Funds
Section 6.1: Outstanding Figures of Investments by Direct Insurers in the Reporting Country
Note 1: Assets linked to unit-linked products sold to policyholders should be included and reported under "Assets held for index-linked and unit-linked
contracts"
Note 2: For 'Composite', please provide, where possible, a breakdown of outstanding investments between life and non-life business. Where assets
cannot be allocated to life or non-life business, please include them in the Total column (3).Invalid Total on Rows
Invalid Total on Columns
1. LIFE 2. NON-LIFECOMPOSITE
TOTAL (1+2+3)
Calculation method for average nominal net investment return (%):
16 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
3. TOTAL LIFE NON-LIFE
Amount Placed Amount Placed Amount Placed Amount Placed Amount Placed Amount placed
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
Note 3: Please make sure that the row "TOTAL" for each asset class of this spreadsheet is equal to the
sum of the related rows for "1. Domestic Enterprises" and "2. Branches And Agencies Of Foreign
Undertakings" from the spreadsheet "Section 6.1". If this relationship is not satisfied, the related cell in
this spreadsheet will be highlighted in orange.
All Undertakings
Cash and deposits
Domestic
Foreign
Other investments
Domestic
Foreign
TOTAL
TOTAL INVESTMENTS
Domestic
Foreign
TOTAL
Structured products
Domestic
Foreign
TOTAL
Assets held for index-linked and
unit-linked contracts
Domestic
TOTAL
Private equity funds
Domestic
Foreign
TOTAL
Hedge Funds
Domestic
Foreign
TOTAL
- of which: other
Domestic
Foreign
TOTAL
Foreign
- of which: equity
Domestic
Foreign
TOTAL
- of which: land and
buildings
Domestic
Foreign
TOTAL
- of which: cash and
deposits
Domestic
Foreign
TOTAL
- of which: bills and
bonds
Domestic
Foreign
TOTAL
Land and buildings
Domestic
Foreign
TOTAL
Collective Investment Schemes
(CIS)
Domestic
Foreign
TOTAL
- of which: listed equity
Domestic
Foreign
TOTAL
- of which: unlisted
equity
Domestic
Foreign
TOTAL
Loans
Domestic
Foreign
TOTAL
Equity
Domestic
Foreign
TOTAL
- of which: bills and
bonds issued by public
administration
Domestic
Foreign
TOTAL
- of which: bonds
issued by the private
sector
Domestic
Foreign
TOTAL
TOTAL
Inconsistent Data
Invalid Data
1. LIFE 2. NON-LIFE
Bills and bonds issued by public
and private sector
Domestic
Foreign
TOTAL
COMPOSITETOTAL (1+2+3)
Inconsistent Data with "Section 6.1"
Section 6.2: Outstanding Investments by Direct Insurers in the Reporting Country (All Enterprises)
Note 1: Assets linked to unit-linked products sold to policyholders should be included and reported under
"Assets held for index-linked and unit-linked contracts"
Note 2: For "Composite", please provide, where possible, a breakdown of outstanding investments
between life and non-life business. Where assets cannot be allocated to life or non-life business, please
include them in the Total column (3).Invalid Total on Rows
Invalid Total on Columns
DAF/AS/WD(2018)7/ADD │ 17
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Country: Currency :
Year: 2017 Units : Millions
Select the valuation method:
Error Formats:
3. TOTAL LIFE NON-LIFE
Amount Placed Amount Placed Amount Placed Amount Placed Amount Placed Amount placed
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: bills and bonds issued by public ND ND ND ND ND ND
- of which: bonds issued by the private sector ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: listed equity ND ND ND ND ND ND
- of which: unlisted equity ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: cash and deposits ND ND ND ND ND ND
- of which: bills and bonds ND ND ND ND ND ND
- of which: equity ND ND ND ND ND ND
- of which: land and buildings ND ND ND ND ND ND
- of which: other ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: bills and bonds issued by public ND ND ND ND ND ND
- of which: bonds issued by the private sector ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: listed equity ND ND ND ND ND ND
- of which: unlisted equity ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: cash and deposits ND ND ND ND ND ND
- of which: bills and bonds ND ND ND ND ND ND
- of which: equity ND ND ND ND ND ND
- of which: land and buildings ND ND ND ND ND ND
- of which: other ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: bills and bonds issued by public ND ND ND ND ND ND
- of which: bonds issued by the private sector ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: listed equity ND ND ND ND ND ND
- of which: unlisted equity ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
- of which: cash and deposits ND ND ND ND ND ND
- of which: bills and bonds ND ND ND ND ND ND
- of which: equity ND ND ND ND ND ND
- of which: land and buildings ND ND ND ND ND ND
- of which: other ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
Net investment income
Average nominal net investment return (%)
Private equity funds
Hedge Funds
Structured products
Assets held for index-linked and unit-linked contracts
Other investments
TOTAL INVESTMENTS
TOTAL INVESTMENTS
Net investment income
Average nominal net investment return (%)
2. Branches And Agencies
Of Foreign Undertakings
Cash and deposits
Bills and bonds issued by public and private sector
Loans
Equity
Land and buildings
Collective Investment Schemes (CIS)
Collective Investment Schemes (CIS)
Private equity funds
Hedge Funds
Structured products
Assets held for index-linked and unit-linked contracts
Other investments
Other investments
TOTAL INVESTMENTS
Net investment income
Average nominal net investment return (%)
Of which : Foreign-
controlled Undertakings
Cash and deposits
Bills and bonds issued by public and private sector
Loans
Equity
Land and buildings
Land and buildings
Collective Investment Schemes (CIS)
Private equity funds
Hedge Funds
Structured products
Assets held for index-linked and unit-linked contracts
Inconsistent Data1. LIFE 2. NON-LIFE
COMPOSITETOTAL (1+2+3)
1. Domestic Enterprises
Cash and deposits
Bills and bonds issued by public and private sector
Loans
Equity
Section 6.3: Outstanding Investments by Reinsurers in the Reporting Country
Note 1: Assets linked to unit-linked products sold to policyholders should be included and reported under "Assets held for index-linked and unit-linked
contracts"
Invalid DataNote 2: For 'Composite', please provide, where possible, a breakdown of outstanding investments between life and non-life business. Where assets
cannot be allocated to life or non-life business, please include them in the Total column (3).Invalid Total on Rows
Invalid Total on Columns
Calculation method for average nominal net investment return (%):
18 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
3. TOTAL LIFE NON-LIFE
Amount Placed Amount Placed Amount Placed Amount Placed Amount Placed Amount placed
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
ND ND ND ND ND ND
Note 3: Please make sure that the row "TOTAL" for each asset class of this spreadsheet is equal to the
sum of the related rows for "1. Domestic Enterprises" and "2. Branches And Agencies Of Foreign
Undertakings" from the spreadsheet "Section 6.3". If this relationship is not satisfied, the related cell in
this spreadsheet will be highlighted in orange.
Section 6.4: Outstanding Investments by Reinsurers in the Reporting Country (All Enterprises)
Other investments
Domestic
Foreign
TOTAL
TOTAL INVESTMENTS
Domestic
Foreign
TOTAL
Structured products
Domestic
Foreign
TOTAL
Assets held for index-linked and
unit-linked contracts
Domestic
Foreign
TOTAL
Private equity funds
Domestic
Foreign
TOTAL
Hedge Funds
Domestic
Foreign
TOTAL
- of which: land and
buildings
Domestic
Foreign
TOTAL
- of which: other
Domestic
Foreign
TOTAL
- of which: bills and
bonds
Domestic
Foreign
TOTAL
- of which: equity
Domestic
Foreign
TOTAL
Collective Investment Schemes
(CIS)
Domestic
Foreign
TOTAL
- of which: cash and
deposits
Domestic
Foreign
TOTAL
- of which: unlisted
equity
Domestic
Foreign
TOTAL
Land and buildings
Domestic
Foreign
TOTAL
Equity
Domestic
Foreign
TOTAL
- of which: listed equity
Domestic
Foreign
TOTAL
- of which: bonds
issued by the private
sector
Domestic
Foreign
TOTAL
Loans
Domestic
Foreign
TOTAL
Bills and bonds issued by public
and private sector
Domestic
Foreign
TOTAL
- of which: bills and
bonds issued by public
administration
Domestic
Foreign
TOTAL
Inconsistent Data with "Section 6.3"1. LIFE 2. NON-LIFE
COMPOSITETOTAL (1+2+3)
All Undertakings
Cash and deposits
Domestic
Foreign
TOTAL
Note 1: Assets linked to unit-linked products sold to policyholders should be included and reported under
"Assets held for index-linked and unit-linked contracts"
Invalid Data Note 2: For "Composite", please provide, where possible, a breakdown of outstanding investments
between life and non-life business. Where assets cannot be allocated to life or non-life business, please
include them in the Total column (3).Invalid Total on Rows
Invalid Total on Columns
Inconsistent Data
DAF/AS/WD(2018)7/ADD │ 19
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
Section 7: Gross Claims Payments in the Reporting Country
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
Invalid Data
Invalid Total on Rows GROSS CLAIMS PAYMENTS
Invalid Total on Columns (in millions of national currency units)
Inconsistent Data
Direct BusinessReinsurance
AcceptedTOTALInconsistent Data with "Section 10.1" and "Section
10.2"
1. Domestic Undertakings
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
Note: Please make sure that the values of cells H28 to H32 in this spreadsheet are equal to the sum of the related
cells pertaining to Gross claims payments in the spreadsheets "Section 10.1" and "Section 10.2". If this
relationship is not satisfied, the cell in this spreadsheet will be highlighted in orange.
2. Branches And Agencies Of
Foreign Undertakings
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
TOTAL (=1+2)
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
Of which : Foreign-controlled
Undertakings
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
20 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
Section 8: Gross Operating Expenses in the Reporting Country
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
Reinsurance
AcceptedTOTAL
Of which: Life
Of which: Non-Life
Of which : Foreign-controlled
Undertakings
Invalid Data
Invalid Total on Rows GROSS OPERATING EXPENSES
Invalid Total on Columns (in millions of national currency units)
Inconsistent Data
Direct BusinessInconsistent Data with "Section 10.1" and "Section
10.2"
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
1. Domestic Undertakings
Life
Non-Life
Composite
Of which: Life
Composite
Life
Non-Life
Of which: Non-Life
Note: Please make sure that the values of cells H28 to H32 in this spreadsheet are equal to the sum of the related
cells pertaining to Gross operating expenses in the spreadsheets "Section 10.1" and "Section 10.2". If this
relationship is not satisfied, the cell in this spreadsheet will be highlighted in orange.
TOTAL (=1+2)
2. Branches And Agencies Of
Foreign Undertakings
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
DAF/AS/WD(2018)7/ADD │ 21
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
Section 9: Commissions in the Reporting Country
Country: Currency :
Year: 2017 Units : Millions
Error Formats:
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
ND ND ND
Reinsurance
AcceptedTOTAL
Of which: Life
Of which: Non-Life
Of which : Foreign-controlled
Undertakings
Invalid Data
Invalid Total on Rows COMMISSIONS
Invalid Total on Columns (in millions of national currency units)
Inconsistent Data
Direct BusinessInconsistent Data with "Section 10.1" and "Section
10.2"
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
1. Domestic Undertakings
Life
Non-Life
Composite
Of which: Life
Composite
Life
Non-Life
Of which: Non-Life
Note: Please make sure that the values of cells H28 to H32 in this spreadsheet are equal to the sum of the related
cells pertaining to Commissions in the spreadsheets "Section 10.1" and "Section 10.2". If this relationship is not
satisfied, the cell in this spreadsheet will be highlighted in orange.
TOTAL (=1+2)
2. Branches And Agencies Of
Foreign Undertakings
Life
Non-Life
Composite
Of which: Life
Of which: Non-Life
22 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Section 10.1: Balance Sheet and Income Statement of Direct Insurers in the Reporting Country
Country: Currency:
Year 2017 Units: Millions
Error Formats:
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
Outstanding claims provision
(changes)
Available solvency capital
Gross claims paid
Of which: Life
Gross operating expenses
Note: For items with a (*), please provide a breakdown for composite enterprises between life and non-life
business if available: this breakdown premits the calculation of the loss, expense, and combined ratios.
BALANCE SHEET AND INCOME
Invalid Data
Invalid Total on Rows
Invalid Total on Columns
Inconsistent Data
Of which: Non-Life
Life
Non-Life
Composite
Minimum required capital
Life
Non-Life
Composite
Supervisory solvency target
ratio for capital (%) (if publicly
known or disclosed)
Life
Non-Life
Composite*
Life
Non-Life
Composite
Life
Non-Life
Composite*
Life
Of which: Non-Life
Of which: Life
Non-Life
Composite*
Life
Non-Life
Composite*
Of which: Life
Of which: Non-Life
Total assets
Life
Non-Life
Composite
Commissions
Of which: Life
Of which: Non-Life
Gross technical provisions
Life
Non-Life
Composite
Of which : Unit-linked
Life
Non-Life
Composite
PLEASE REFER TO NOTES AND DEFINITIONS
Shareholder equity
Life
Non-Life
Composite
Net income
Life
Non-Life
Composite
Please indicate the calculation method for the solvency requirement and comments (if any) on the computation of available capital:
Other comments:
Please describe what gross operating expenses include:
DAF/AS/WD(2018)7/ADD │ 23
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
For notes and definitions, please see Annex I.
Section 10.2: Balance Sheet and Income Statement of Reinsurers in the Reporting Country
Country: Currency:
Year 2017 Units: Millions
Error Formats:
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
ND
Note: For items with a (*), please provide a breakdown for composite enterprises between life and non-life
business if available: this breakdown permits the calculation of the loss, expense, and combined ratios.
Invalid Data
Invalid Total on Rows
Invalid Total on Columns
Inconsistent DataBALANCE SHEET AND INCOME
Available solvency capital
Life
Non-Life
Composite
Minimum required capital
Life
Non-Life
Composite
Supervisory solvency target
ratio for capital (%) (if publicly
known or disclosed)
Life
Non-Life
Composite
Gross claims paid
Life
Non-Life
Composite*
Of which: Life
Of which: Non-Life
Outstanding claims provision
(changes)
Life
Non-Life
Composite*
Of which: Life
Of which: Non-Life
Gross operating expenses
Life
Non-Life
Composite*
Of which: Life
Of which: Non-Life
Composite
Commissions
Life
Non-Life
Composite*
Of which: Life
Of which: Non-Life
Life
Non-Life
Composite
Total assets
Life
Non-Life
Composite
Gross technical provisions
Life
Non-Life
Net income
Life
Non-Life
Composite
PLEASE REFER TO NOTES AND DEFINITIONS
Of which : Unit-linked
Life
Non-Life
Composite
Shareholder equity
Please indicate the calculation method for the solvency requirement and comments (if any) on the computation of available capital:
Other comments:
Please describe what gross operating expenses include:
24 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
Annex I: Notes and definitions
Section 1
NUMBER OF INSURANCE
UNDERTAKINGS
Number of insurance undertakings operating in your country. Figures
should include all insurance undertakings licensed or authorised in your
country, including professional reinsurers, whether or not these are
controlled, but excluding any statutory system of social security
administered by the State.
INSURANCE EMPLOYEES i) Insurance Undertakings
Give the number of staff (full-time or part-time) employed in the
insurance industry of your country.
ii) Intermediaries
Give the number of persons (brokers or agents and their staffs) excluding
intermediaries who may sell insurance but are not directly involved in the
insurance industry (e.g. bank managers, solicitors, garage owners) of
those included under i) above.
Section 2 – 5.2
YEAR The calendar year to which the figures refer.
UNITS Units of national currency in which figures are given. Premiums should
normally be shown in millions of the national currency unit.
LIFE / NON-LIFE Life and Non-Life categories should follow the definitions used in
national law.
COMPOSITE A composite company is an insurance company which deals with both life
and non-life business.
DOMESTIC COMPANIES Domestic companies refer to companies incorporated under national law,
together with those companies in the reporting country which are
unincorporated, but excluding the branches and agencies of foreign
companies.
FOREIGN-CONTROLLED
COMPANIES Refer to companies controlled by foreign interests, such “control” being
defined according to national law.
FOREIGN COMPANIES Foreign companies refer to companies incorporated outside the reporting
country.
Figures on insurance premiums are requested for all Domestic Undertakings (showing separately the
element in the totals made up by locally incorporated Foreign-Controlled Undertakings) and for local
branches and agencies of Foreign Undertakings. If this split is not available, please give the total figure
only.
DAF/AS/WD(2018)7/ADD │ 25
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
GROSS PREMIUMS Gross premiums are total premiums written, excluding any premium taxes
or other charges, but before deduction of commissions or reinsurance
outwards. It is acknowledged that the inclusion of reinsurance will mean
that there is some element of double-counting in the figures provided.
DIRECT BUSINESS Includes all direct business.
REINSURANCE
ACCEPTED Includes all reinsurance business accepted. Facultative reinsurance may be
included under "Direct business" or "Reinsurance Accepted" according to
practice in the reporting country.
TOTAL This is the total of the two previous columns. The figure should be given
even if it has not been possible to make the split between Direct and
Reinsurance business.
PREMIUMS CEDED Includes all premiums (reinsurance and retrocession) ceded.
NET WRITTEN
PREMIUMS Normally "Net Written Premiums" should be equal to total "Gross
Premiums" less "Premiums Ceded". If there are special problems in your
country which prevent this relationship from holding given the definitions
provided, then appropriate compensatory element should be included
under "Premiums Ceded" so that it does not hold in the figures supplied.
"Gross Premiums" and "Premiums Ceded" should be given where available. "Net Written Premiums",
however, is very important information and should be given even if an estimate has to be made.
"Net Written Premiums" are total retention in the reporting country. There should be no double-counting in
these figures, even though double-counting may exist in the gross figures.
For certain countries, figures provided for Life business will not necessarily take reinsurance into account.
Figures provided for insurance premiums should include all insurance undertakings licensed or authorized
in your country, including professional reinsurers, whether or not these are controlled, but excluding any
statutory system of social security administered by the State.
Section 3.2
DOMESTIC RISKS Includes all business written in the reporting country on domestic risks.
FOREIGN RISKS Includes all business written in the reporting country situated outside the
reporting country (does not include business written outside the reporting
country by national undertakings).
TOTAL Shows total of domestic and foreign business. This total should
correspond to the final column in Section 2.
Section 4.1
26 │ DAF/AS/WD(2018)7/ADD
OECD GLOBAL INSURANCE STATISTICS: GENERAL INSTRUCTIONS
For Official Use
Please include all (OECD and other countries) business written by establishments abroad of domestic
undertakings. In the absence of precise figures, please give estimates whenever possible.
Section 4.2
Each country should not fill the row of its own country.
The final row (TOTAL) should correspond to the first row (Branches and Agencies: Life) in
Section 4.1 plus the fourth row (Branches and Agencies: Composite/Life).
Section 4.3
Each country should not fill the row of its own country.
The final row (TOTAL) should correspond to the second row (Branches and Agencies: Non-Life)
in Section 4.1 plus the fifth row (Branches and Agencies: Composite/Non-Life).
Section 5.1
ANNUITIES An annuity is an amount of money paid to somebody at a regular
interval (e.g. monthly, yearly). It is an agreement or a contract for one
person or organisation (generally an insurance company) to pay another
(the annuitant) a stream or series of payments (annuity payments).
Payments can start immediately or in the future. They can be fixed or
variable.
UNIT-LINKED Also called Unit Linked Insurance Plan (ULIP), a type of insurance
vehicle in which the policyholder purchases units in investment funds at
their net asset values and can choose from a range of different funds to
suit his/her attitude to risk. Investment funds are invested in a mix of
assets (such as stock, bonds or mutual funds, depending upon the list of
qualified investments). Depending on the performance of the fund
chosen, the policyholder may achieve gains or losses on his/her
investments.
PENSION CONTRACTS An insurance contract that specifies pension plan contributions to an
insurance undertaking in exchange for which the pension plan benefits
will be paid when the members reach a specified retirement age or on
earlier exit of members from the plan.
Section 5.2
TREATY REINSURANCE Optional row, only for those countries having difficulties in breaking
down reinsurance accepted by classes.
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TOTAL NON-LIFE
INSURANCE This row should correspond to the total of non-life premiums shown
in Section 2.
Sections 6.1-6.4
Investment data should include assets linked to unit-linked products sold to policyholders. Please select the
valuation method of investment assets in your country (historic valuation, market valuation, etc.).
CASH AND DEPOSITS Cash are current account and other short-term savings in the financial
system. Deposits are funds “placed on deposit' with a financial institution
and do not include certificates of deposit or other short-term securities.
BILLS AND BONDS
ISSUED BY PUBLIC AND
PRIVATE SECTOR
Bills and bonds issued or guaranteed by central and local governments
and the National Debt offices as well as securities/bills issued by
companies, including financial and non-financial enterprises. This
category should also include certificates of deposits.
Of which: bills and bonds
issued by public
administration
Bills and bonds issued or guaranteed by central and local governments
and the National Debt Offices (Long term and short term).
Of which: bonds issued by the
private sector Securities/bills issued by companies, financial and non-financial
enterprises. Bonds issued by banks and other financial or corporate
institutions. This category should also include certificates of deposits.
LOANS Consumer credit, bank loans, mortgage loans, financial leases and other
loans, including commercial bills, hire purchase and other instalment
credits, and all other types of loans not bound to bearer bonds.
EQUITY All forms of shares in the capital of enterprises, quoted and unlisted
shares and other equities. It does not include investments via private
equity funds.
Of which: listed equity All forms of shares in the capital of enterprises quoted on a public
exchange.
Of which: unlisted equity Equity capital that is not quoted on a public exchange. It does not include
investments via private equity funds.
LAND AND BUILDINGS Real estate investment involving direct ownership of land and buildings.
This category shall not include investment in real estate funds (both listed
and unlisted, such as REITs).
COLLECTIVE
INVESTMENT SCHEMES
(CIS)
Comprise both retail and institutional funds (open-end and closed end) in
which investors pool their funds to invest in a diversified portfolio of
securities. It includes mutual funds, investment funds, UCITS-like funds,
exchange-traded funds (ETFs), and specialised funds such as real estate
funds (e.g. REITs), money market funds, debt funds. CIS funds may be
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listed or unlisted. Hedge funds and private equity funds should not be
included in this category.
Of which: cash and deposits Part of Collective Investment Schemes investments allocated to cash and
deposits.
Of which: bills and bonds Part of Collective Investment Schemes investments allocated to bills and
bonds.
Of which: equity Part of Collective Investment Schemes investments allocated to equity.
Of which: land and buildings Part of Collective Investment Schemes investments allocated to land and
buildings. Includes real estate funds.
Of which: other Part of Collective Investment Schemes investments not included in the
above categories.
PRIVATE EQUITY FUNDS Includes investments via a private equity fund.
HEDGE FUNDS Managed pool of capital which is allowed to employ investing strategies
unavailable to retail investors, including selling short, leverage, program
trading, swaps, arbitrage, and derivatives.
STRUCTURED PRODUCTS Structured products are investment instruments that combine at least one
derivative with traditional assets such as equity and fixed-income
securities. The value of the derivative may depend on one or several
underlying assets. Furthermore, unlike a portfolio with the same
constituents, the structured product is usually wrapped in a legally
compliant, ready-to-invest format and in this sense it is a packaged
portfolio. It should include both asset-backed securities (including
infrastructure bonds/debt) and mortgage-backed securities.
ASSETS HELD FOR
INDEX-LINKED AND
UNIT-LINKED
CONTRACTS
Assets held for insurance products where policyholder bears the risk
(unit-linked).
OTHER INVESTMENTS Investment in other assets not included in the above categories.
TOTAL INVESTMENTS All forms of investment.
NET INVESTMENT
INCOME Total of interest, dividends, and other earnings derived from the insurance
undertaking's invested assets minus the expenses associated with these
investments, and including realised and unrealised (but recognised) gains
and losses.
AVERAGE NOMINAL NET
INVESTMENT RETURN
(%)
Total return, including realised and unrealised (but recognised) gains and
losses plus income, after subtracting any investment management costs.
The return should be given in nominal terms (before subtracting inflation)
and in percent.
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Sections 10.1-10.2
TARGET SOLVENCY
RATIO
The solvency ratio is the ratio between available capital and required
capital, or available solvency margin and required solvency margin.
(Please provide also explanations about the calculation method.) The
solvency target ratio is the ratio of available and required capital at which
supervisory intervention is likely to be triggered.
LOSS RATIO (Gross claims paid + Outstanding claims provision (changes)) / Gross
written premiums
EXPENSE RATIO (Gross operating expenses + Commissions) / Gross written premiums
COMBINED RATIO Loss ratio + Expense ratio
GROSS CLAIMS PAID Gross claims payments, covering all gross payments on claims made
during the financial year, are to be used in the calculation of gross
claims incurred.
GROSS OPERATING
EXPENSES Gross operating expenses should normally mean the sum of acquisition
costs, change in deferred acquisition costs and administrative expenses.
SHAREHOLDER EQUITY Shareholder equity represents the net worth of a company after
deducting all liabilities.
NET INCOME Net income is the profit, or total earnings, recorded by a company.
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Definitions of classes of non-life insurance
CLASSES DEFINITIONS
1. MOTOR VEHICLE LAND VEHICLES (other than railway rolling stock)
All damage to or loss of:
- Land motor vehicles,
- Land vehicles other than motor vehicles.
MOTOR VEHICLE LIABILITY
All liability arising out of the use of motor vehicles operating on
land (including carriers' liability).
2. MARINE AVIATION AND
OTHER TRANSPORT RAILWAY ROLLING STOCK AND OTHER TRANSPORT
All damage to or loss of railway rolling stock.
AIRCRAFT
All damage to or loss of aircraft.
SHIPS (sea, lake, and river and canal vessels)
All damage to or loss of:
- River and canal vessels,
- Lake vessels,
- Sea vessels.
LIABILITY FOR SHIPS (sea, lake, and river and canal vessels)
All liability arising out of the use of ships, vessels or boats on
the sea, lakes, rivers or canals (including carrier's liability).
3. FREIGHT GOODS IN TRANSIT (including merchandise, baggage and all
other goods)
All damage to or loss of goods in transit or baggage, irrespective
of the form of transport.
4. FIRE AND OTHER PROPERTY
DAMAGE
FIRE AND NATURAL FORCES
All damage or loss of property (other than land vehicles, railway
rolling stock, aircraft, ships and goods in transit) due to:
- Fire
- Explosion
- Storm
- Natural forces other than storm
- Nuclear energy
- Land subsidence
OTHER DAMAGE TO PROPERTY
All damage to or loss of property (other than land vehicles,
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railway rolling stock, aircraft, ships and goods in transit) due to
hail or frost, and any event such as theft, other than those
mentioned under "Fire and natural forces".
5. PECUNIARY LOSS CREDIT
- Insolvency (general)
- Export credit
- Instalment credit
- Mortgages
- Agricultural credit
SURETYSHIP
- Suretyship (direct)
- Suretyship (indirect)
MISCELLANEOUS FINANCIAL LOSS
- Employment risks
- Insufficiency of income (general)
- Bad weather
- Loss of benefits
- Continuing general expenses
- Unforeseen trading expenses
- Loss of market value
- Loss of rent or revenue
- Indirect trading losses other than those mentioned above
- Other financial loss (non-trading)
- Other forms of financial loss
6. GENERAL LIABILITY GENERAL LIABILITY
All liability other than motor vehicle, aircraft liability and
liability for ships as defined above.
7. ACCIDENT AND SICKNESS ACCIDENT (including industrial injury and occupational
diseases)
- Fixed pecuniary benefits
- Benefits in the nature of indemnity
- Combinations of the two
- Injury to passengers
SICKNESS
- Fixed pecuniary benefits
- Benefits in the nature of indemnity
- Combinations of the two
8. OTHER NON-LIFE
INSURANCE
LEGAL EXPENSES
Legal expenses and costs of litigation.
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ASSISTANCE
MISCELLANEOUS
9. TREATY REINSURANCE
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Annex II: Technical instructions on how to set the Excel questionnaire
“OECD_InsurQuest2018.XLS” for its completion
In order to be able to fill in the electronic data questionnaire, please apply the
following procedure from step 1 to 3.
Step 1. Enable macros when opening the Excel file by enabling the content.
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Step 2. Select your country name from the menu list.
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Step 3. Select the appropriate unit from the menu list.